The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1887-03-06
FINANCE AND MINING.
n4@soIgs}of ,nl Past y@s,dss!.
vi Trade. AAA1
ORE AND BULLION RECEIPTS.
Affairs In .statu 9uo-Horn- silver
Sampson Leased Ore
Other Mines.

The week has been one of general
dalness in business and trade circles; a
number of real estate transfers and
some exchanges of local securities
between private parties have taken
place, but the figures have not been
ootainedable.
Co op. stock is still firm at 500
though no transactions are recorded.
The earnings of the Denver & Rio
Grande for the second week in February
this year, were $134 800, against SILL
$50 for the same week in 1886.
Dun's review of trade says: Money is
in good supply though the Treasury has
taken in 81 100000 gold during. the
week. and enough silver to balance its
loss of paper. The sustained pensions
veto lessons by millions the
probable appropriations, and it is now
clear that no measures to seriously re-
duce surplus revenue will be adopted.
Considerable contraction of circulation
next fall is therefore to be expected,
unless an extra session of both Houses
of Congress in called. stt
Strikes have generally abated, but
Fall River spinners ask higher wages
and are refused. About Pittsburg the
outlook promises industrial peace. Bat
the general advance in wages, especially
in the iron and connected industries,
must soon seriously affect the cost of
production. Dry goods business is little
better; in cottons with improved de
mand, though print cloths are shaded
at 3.44 cents, and jobbing in dress
goods goes on with great freedom, but
there is but little improvement in
wooden goods.
Railroad earnings and traffic continue
encouraging; west bound tonnage in
January was the largest since 1882, and
east bound 10 per cent. over last year,
though smaller than in 1888 or 1885.
Heavy transactions in real estate con-
tinue, largely of a speculative charac-
ter.
The business failures throughout the
country during the last seven days, as
reported to +. G. Dun & Co., of the
Mercantile Agency, to-day. Friday, by
telegraph, number for the United States
1856, and for Canada %, or a total f209,
as compared with 261 last week, 267 the
week previous to the last, and 248 the
corresponding week of last year. The
decrease in the number of failures as
compared with last week is 6fty-two in
number. New York City had only
three assignments, none of any con-
sequence. IN Canada and the Southern
and New England States, casualties are
very light.
BradStreet's, for. the same week, states
Out of twenty-five cities reported by
telegraph to BrGdStreet'S, Chicago and |
Kansas City alone announce special |
gains in the volume of staples distri-
buted during the week. New York, |
Pittsburgh, St. Louis and Dallas, Tex,
report some improvement, while at |
Boston, Cleveland, San Francisco, Nash
vile, Evansville, Milwaukee and Gal
weston, no special change is noted.
General trade has experienced check
at Philadelphia, Columbus, Ohio, Gin
cinnatl, Louisville, Omaha. Burlington,
st. Paul and New Orleans,
and at other points, owing to rain and
snow storms and continued bad condi-.l
ton of country roads, and as we'll as
cities previously named, because of the |
of holiday. The indus
trial situation is rather better, the |
average number Of employees striking |
within ten days having dropped off one |
half as compared with a month prior |
thereto. 1t IS probable that ,Brddstreet'S |
report, of labor disturbances for two |
months will record over 100, 900 strikers
in 1887, against So 900 in 1886.